Maxus Realty Trust (OTCMKTS:MRTI) Issues Quarterly Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) announced its earnings results on Tuesday. The company reported $3.03 EPS for the quarter, Zacks reports. The business had revenue of $18.31 million for the quarter.

Maxus Realty Trust Price Performance

Shares of Maxus Realty Trust stock opened at $77.11 on Wednesday. The stock has a market capitalization of $91.76 million, a PE ratio of 63.73 and a beta of 0.10. Maxus Realty Trust has a 1-year low of $54.00 and a 1-year high of $103.99. The company’s fifty day simple moving average is $80.66 and its 200-day simple moving average is $70.81.

Maxus Realty Trust Company Profile

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.